Companies

BGR Energy bags contracts worth ₹303 crore

Our Bureau Chennai | Updated on July 23, 2014

BGR Energy Systems Ltd has bagged contracts worth ₹303 crore spread across a range of sectors, including power, water, and oil and gas.

BGR Energy, a construction contract company in power projects, is diversifying into a range of sectors following the slowdown in the power sector, according to an announcement by the company on the BSE.

In order to mitigate the impact of sluggishness in the thermal power sector, it is in pursuit of opportunities in other sectors in India and abroad, the company said.

BGR Energy has received letters of intent for two natural draught cooling towers from BHEL for their 1,330 MW Suratgarh project in Rajasthan; a contract for the supply of a 400 kV Air Insulated Switchgear Substation (AISSS); and a $6.7-million export order in the oil and gas sector.

It has also been awarded a ₹34.72-crore contract for construction of a water treatment plant on EPC basis.

The company carries an order book of ₹11,667 crore, it said.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on July 23, 2014
This article is closed for comments.
Please Email the Editor